Use the Management Accounting Costs and Concepts Template linked in the resources to complete the following in your Financial and Managerial Accounting textbook:

Problem 14-1B, page 664.

Problem 14-5B, page 666.

Problem 14-1B Cost computation, classification, and analysis C2 C3

Listed here are the total costs associated with the 2017 production of 15,000 Blu-ray Discs (BDs) manufactured by Maxwell. The BDs sell for $18 each.

Classify each cost and its amount as (a) either variable or fixed and (b) either product or period. (The first cost is completed as an example.)

Compute the manufacturing cost per BD.

Check  (2) Total variable production cost, $35,250

Analysis Component

Assume that 10,000 BDs are produced in the next year. What do you predict will be the total cost of plastic for the BDs and the per unit cost of the plastic for the BDs? Explain.

Assume that 10,000 BDs are produced in the next year. What do you predict will be the total cost of factory rent and the per unit cost of the factory rent? Explain.

Problem 14-5B Inventory computation and reporting C4 P1

Shown here are annual financial data at December 31, 2017, taken from two different companies.

Required

Compute the cost of goods sold section of the income statement at December 31, 2017, for each company. Include the proper title and format in the solution.

Check  (1) TeeMart cost of goods sold, $200,000

Write a half-page memorandum to your instructor (a) identifying the inventory accounts and (b) identifying where each is reported on the income statement and balance sheet for both companies.

ORDER A SIMILAR PAPER AND DELEGATE FULFILMENT OF YOUR ASSIGNMENT TO EXPERT ACADEMIC WRITERS. PLAGIARISM-FREE, GUARANTEED A, TIMELY DELIVERY.

WHAT OUR CURRENT CUSTOMERS SAY

• 
• Google
  

• 
• Sitejabber
  

• 
• Trustpilot
  

Zahraa S

Absolutely spot on. I have had the best experience with Elite Academic Research and all my work have scored highly. Thank you for your professionalism and using expert writers with vast and outstanding knowledge in their fields. I highly recommend any day and time.

Stuart L

Thanks for keeping me sane for getting everything out of the way, I’ve been stuck working more than full time and balancing the rest but I’m glad you’ve been ensuring my school work is taken care of. I'll recommend Elite Academic Research to anyone who seeks quality academic help, thank you so much!

Mindi D

Brilliant writers and awesome support team. You can tell by the depth of research and the quality of work delivered that the writers care deeply about delivering that perfect grade.

Samuel Y

I really appreciate the work all your amazing writers do to ensure that my papers are always delivered on time and always of the highest quality. I was at a crossroads last semester and I almost dropped out of school because of the many issues that were bombarding but I am glad a friend referred me to you guys. You came up big for me and continue to do so. I just wish I knew about your services earlier.

Cindy L

You can't fault the paper quality and speed of delivery. I have been using these guys for the past 3 years and I not even once have they ever failed me. They deliver properly researched papers way ahead of time. Each time I think I have had the best their professional writers surprise me with even better quality work. Elite Academic Research is a true Gem among essay writing companies.

Got an A and plagiarism percent was less than 10%! Thanks!

prevnext

ORDER NOW